The Commission has set out the next steps in its campaign to boost tax transparency in order to fight tax evasion and avoidance in the EU, taking into account the problems highlighted in the recent media leaks known as the Panama Papers.
Key actions include:
- Providing tax authorities with the information they need
- Extending the information available to authorities
- Increasing cross-border transparency on beneficial ownership
- Improving oversight of tax advisors' activities
- Promoting tax good governance worldwide and tackling uncooperative tax jurisdictions
- Protecting whistle-blowers
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